French President Francois Hollande delivers a speech at the Grand Palais to mark the bicentenary of the Caisse des Depots et Consignations, a financial organization created in 1816, in Paris, France, January 12, 2016. REUTERS/GONZALO FUENTES
France 24: Hollande announces measure to combat ‘economic state of emergency’
François Hollande on Monday presented his plan to reduce France’s chronically high unemployment with measures described by the press as “playing his last cards” and by the conservative opposition as “an insult to the jobless”.
Hollande, the least popular French president in recent times, has vowed not to stand for a second term in 2017 if he fails to reduce unemployment.
Since he came to office in 2012, unemployment has risen by 650,000. There are now 3.57 million jobseekers in France who have no work whatsoever, representing just over 10% of the workforce.
WNU Editor: I live in Quebec, Canada, and over the years I have gotten to know many entrepreneurs who have immigrated from France to Canada. They have all told me the same thing .... high taxes, powerful unions, regulations, the high cost of living .... there is no motivation to take a risk, so why work and sacrifice when life elsewhere can be easier and more open to what they want to do. In the case of France .... with the loss of this entrepreneurial class .... they have lost the most important engine for employment .... and $2 billion euros for job creation (whatever that means) is not going to replace what they have lost.
More News On France Declaring An Economic Emergency
François Hollande lays out jobs plan to tackle ‘economic emergency’ -- Financial Times
Hollande makes last-chance push to curb French unemployment -- Euronews/Reuters
Hollande Pledges $2.2 Billion on French Jobs Push -- WSJ
President Hollande Says France In State Of ‘Economic Emergency’ -- IBTimes
11 comments:
After the comments on the British Labour Leader, I believe Jay backs Hollande a 110%.
The Wall Street Journal ran stories in the 1990s how people moved form Sweden and France to Britain or from Britain to North America.
Socialists keep doing stupid even when it hurts.
The glory and triumph of European Socialism and specifically the Nordic miracle is on display.
The DERP of the LEFT hurts us.
"Shocking video shows Swedish woman being harassed and groped by gang of ‘migrant’ men"
http://www.dailymail.co.uk/news/article-3404602/Shocking-video-shows-Swedish-woman-harassed-groped-gang-migrant-men.html
I live there and it sucks. The feminists have all power and hate white heterosexual men.
Hmmmmmmmmmmm....?
They call themselves socialists but have been busy practicing neo_Liberal capitalism for decades. Meanwhile, Reagan/Thatcherites still bang the worn out trickle-down drum which set the beat for the greatest wealth inequality in modern times.
As for Quebec, and Canada. As Walter Gordon said: "Of all the world's countries, only two, the USSR and Canada have the resources to be industrially independent." Want to give those entrepreneurs a break? Get the wealth of Canada into the hands of Canadians who want a prosperous Canada and stop signing up for idoelogically driven free trade regimes that do absolutely nothing for the majority of Canadians.
Unions? The real bosses love them. Why? Because they are, by and large just another social control buffer to manage the working people. They are part of the state that keeps Canadian workers penned up, dependent, and insecure. A state that works for working people doesn't need unions. Just like a state that promotes national development of all of its resources, human included, doesn't need free trade or high taxation.
The provinves in Canada have been busy gutting protections for workers since the eighties with sixty-hour work weeks, convoluted organizing rules (which the old guard labour aristocracy take advantage of), and even anti terrorist legislation which make things such as blockading bridges, railways etc. "economic attacks" crimes. Meanwhile, the ologarchic media has been busy undermining any notoin of collective action even going as far to state there is no working class!! (Apparently I am a figment of my imagination. I got that on good authority from a CBC anchor more than a decade ago). Any tools working people have to improve their lot collectively have been hijacked, propagandized away, or criminalized. And forget about starting a prosperous small business like our grandparents did. Capitalism has moved to its highest stage: monopolistic/imperialistic and you'd better go along, or else.
The CCCE, CD Howe/Fraser Institutes, U of Calgary and a whole host of other groups\bodies and media form the real state in Canada. They are backed, consciously or not, by churches, mosques, and cults of all kinds who promote and reinforce the notion of giving unto the Lord (or whatever force deity holds power and privilege) what is his. Tithes as tax etc. And so on.
The CLC, UNIFOR, OFL, FTQ etc. make sure that protest is kept "respectable" even going as far as providing "marshalls" at protests where frustrated workers may get "out of hand". They also promote worker support for the dead end NDP and the fad of late Liberals while throwing rocks at Conservatives at the same time as supportijg their horrendous foreign policies e.g. Libya. The FTQ is particularly insidious as it divides workers on ethnic lines while supporting Québécois nationalism. I have personally experienced all of these things.
So no. I don't see any "socialism" in Europe, or Canada, let alone Quebec. What I see is bareassed capitalism and a whole lot of obfuscation, misdirection and wilful ignorance of the fact everywhere I look (even on these boards).
Pining for some "entrepreneurs" to save us is, respectfully, akin to the utopianism Communists have been accused of for generations. It's really simple and beneath us.
We need something new.
And if we need entrepreneurship, it is an entrepreneurship of thought.
Nice Rant!, RRH,
Back in the '60's and '70's Hollande's economic and foreign policy platforms and programs would have marked him as a far right extremist.
The problem with socialism is that eventually they run out of somebody else's money ..
Margaret Thatcher.
Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.
Martin Luther King, Jr.
...vast accession of strength from their younger recruits, who having nothing in them of the feelings or principles of ’76 now look to a single and splendid government of an Aristocracy, founded on banking institutions and monied in corporations under the guise and cloak of their favored branches of manufactures commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry.
Thomas Jefferson,
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
Matt Taibbi,
This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.
Tariq Ali,
Anyone who objects to any government whatsoever as a form of socialism ought not to pull that socialist lever in their home, the one that makes their waste disappear in a whirlpool into the socialized sewage treatment plant.
John Médaille
government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
Adam Smith
Here in Jacksonville there’s a road called Commonwealth Blvd., and today as I was driving on it, I realized how socialist the name sounds.
Jarod Kintz,
Many people consider the things government does for them to be social progress but they regard the things government does for others as socialism."
Earl Warren
The supreme principle of socialism is that man takes precedence over things, life over property, and hence, work over capital; that power follows creation, and not possession; that man must not be governed by circumstances, but circumstances must be governed by man.
Erich Fromm
"Grandson. There are two groups of people in this world. The people and Thee people."
My Grandfather.
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